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RE: First project hope contest

in Project HOPE4 years ago (edited)

No, I am not evil at all, at least this is what I think about me. With more than 500 posts on the blockchain, anybody can look at my posts and decide if I am evil or not, this is the beauty of this social network.
Today, I am a math teacher, and I teach online due to the situation, so let’s do some math.
From the 200 € investment from a new member, 150 € (75%) is going to the network and 50 € ( 25 %) to finance the solar plant.
100 € to recruit a new member is not a big amount, it is requiring at least 5 hours to explain the process, probably closer to 10 hours, so this represent a 10-20 € /hour wage, before taxes.
Every new member in the network has the same opportunity to earn a decent wage, because it is limited to 2 levels. We will probably not exceed more than 100 million people in the network, so even the last people joining the network can still earn his investment back.
Financing the project : yes, you can build a solar plant with only 25 % of the asset, but our new bank is Hive, not an old fashion one, why should we give work to a bank when solar energy is such a good business ?
I am not sure that it is the right place to discuss this project, I can re-write the 2017 post. If you have a better solution to implement a solar company, I am interested to know what you are proposing.
In 2010, I built a solar PV shelter to load the batteries of the electric vehicles of the French Institute for solar energy in Le-Bourget-du-Lac.
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I said why such an evil approach? not that you are evil.. ;-)
OK.. if its only a two level MLM (from the looks of your steem post I assume its not) then you are only wasting 60 Mio.. for sales... and 20 for the plant.. but banks give you 80% of the total investment more or less for no interest.. so why not use this.. and this brings down the money you need to "only" 4 Mio...
I like that PV plant above! Great work!
In regards to MLM: For retail goods (groceries etc.) a markup of 50% - 100% is fine.. like in any retail business.. hence a 33% to 50% cut for the sales structure is fine.. for investment products however its only around 2,5% to 5%.. otherwise the investor will never make a positve return on his investment... so everything cut wise above 10% in MLM is more or less unsustainable.. and a 75% cut for a MLM structure is definitelly a ponzi.. so right idea but wrong sales structure I would say..